CapMan press release
16 May 2024 08:00 a.m. EEST
CapMan and PwC raised 100,000 euros for the benefit of children and youth
CapMan and PwC joined forces for the #Steps4Tukikummit campaign and raised altogether 100,000 euros for the benefit of the Tukikummit foundation in support of children and youth. In the campaign euros were collected by walking and running together with colleagues and clients. The idea is to grow the campaign launched this spring into a longstanding collaboration and in the future challenge also other companies to join. In the long-term CapMan’s goal is to grow Tukikummit into the largest foundation funding hobby opportunities for children and youth in Finland.
In the #Steps4Tukikummit campaign launched by CapMan and PwC this March the companies’ employees were challenged to walk and run together and with their clients, collecting kilometres based on which the grand total to be donated and given for the benefit of the charity organisation was grown. Behind the campaign was the desire to do good while supporting the wellbeing and sense of community of the personnel. The campaign lasted from the beginning of March until May 11th.
The campaign reached its culmination last Saturday at the Helsinki City Running Day event where the last kilometres for the benefit of the Tukikummit foundation were collected. Tukikummit was also strongly present at the event through their own event venue where runners could enjoy refreshments, music and learn about the foundation’s operations. Children had the opportunity to spin the wheel of fortune.
The 2024 #Steps4Tukikummit campaign kicked off CapMan’s and PwC’s common fundraising for the benefit of the Tukikummit foundation. In the future, the idea is to challenge also other companies to join.
“I am very grateful that so many people from both CapMan and PwC took part in this campaign. In the long run we want to multiply the annual amount raised for the benefit of children and youth and grow Tukikummit into the largest foundation funding hobby activities for children and youth in Finland,” says Joakim Frimodig, Chair of the Board of CapMan and the Tukikummit foundation.
“The #Steps4Tukikummit initiative has been a refreshing and motivating campaign for this spring. Hundreds of people participated from PwC. I am proud of how active our employees have been and the desire they have shown to do good while moving and networking together with each other and our clients,” shares Kauko Storbacka, CEO of PwC Finland.
“It has been inspiring and heartwarming to follow how actively both CapMan’s and PwC’s employees have participated in this campaign. Every kilometre walked and through that every euro collected towards the Tukikummit foundation is meaningful. Together we can make sure that all children and youth have the opportunity to take part in hobbies and that no-one is left alone”, says Emilia Åberg from the Tukikummit foundation.
CapMan has been involved in fundraising for the Tukikummit foundation since 2014. In 2023, CapMan took an even more active role in the foundation’s operations by providing Tukikummit with resources and expertise and covering its operating expenses, with the goal of revitalising the foundation’s activities and continuing its work for good by significantly growing its brand awareness and fundraising.
The Tukikummit foundation was established in 2007 from the common concern of the former President of the Republic of Finland Sauli Niinistö and Finnish business leaders Sari Baldauf, Björn Wahlroos and Hjallis Harkimo for young people at risk of marginalisation. It distributes subsidies for disadvantaged children and youth, especially to cover hobby costs and supporting studies.
In the photo above: Kauko Storbacka, CEO at PwC Finland, Emilia Åberg, Tukikummit foundation, Pia Kåll, CEO at CapMan and Joakim Frimodig, Chair of the Board at CapMan and the Tukikummit foundation.
For more information, please contact:
Joakim Frimodig, Chair of the Board, CapMan, Chair of the Board, Tukikummit foundation, +358 50 529 0665, joakim.frimodig(at)capman.com
Kauko Storbacka, CEO, PwC Finland, +358 50 331 2336, kauko.storbacka(at)pwc.com
Emilia Åberg, campaign responsible, Tukikummit foundation, +358 50 585 5744, emilia.aberg(at)tukikummit.fi
About CapMan
CapMan is a leading Nordic private asset expert with an active approach to value creation. As one of the private equity pioneers in the Nordics we have built value in unlisted businesses, real estate, and infrastructure for over three decades. With €5.7 billion in assets under management, our objective is to provide attractive returns and innovative solutions to investors. An example of this is greenhouse gas reduction targets that we have set under the Science Based Targets initiative in line with the 1.5°C scenario. We have a broad presence in the unlisted market through our local and specialised teams. Our investment strategies cover minority and majority investments in portfolio companies and real estate, and infrastructure assets. We also provide wealth management solutions. Our service business includes procurement services. Altogether, CapMan employs approximately 180 professionals in Helsinki, Stockholm, Copenhagen, Oslo, London, Luxembourg and Jyväskylä. We are listed on Nasdaq Helsinki since 2001. Learn more at www.capman.com.
About PwC
PwC’s purpose is to build trust in society and solve important problems. We help companies to improve their efficiency, promote growth and to report reliably in a constantly changing environment. Our services include consulting, deals, tax, legal, risk assurance, audit and other assurance services. PwC operates in 155 countries and in Finland, we have 1 350 experts working around the country. More information: www.pwc.fi/en.
About Tukikummit foundation
The Tukikummit Foundation was born in 2007 from the common concern of Sauli Niinistö, Sari Baldauf, Björn Wahlroos and Hjallis Harkimo for young people at risk of marginalisation. The foundation donates funds to children and youth in need of support for hobby activities and school attendance. CapMan Plc has focused its charitable donations to Tukikummit for already eight years’ time. In 2023 it took an even stronger role in the foundation by starting to fund its operational activities with the target of significantly growing the amount of donations collected and those receiving support.
